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Startup listing norms, dual-class share structures, greater clarity around the draft e-commerce rules and converting the Aadhaar ordinance into law are on top of the agenda for various digital economy representatives Go to Source
India was the top country in terms of new installs, followed by the United States at 3 billion downloads. Go to Source
One of the country’s largest fintech NBFCs, Capital Float which has been in talks to rack up funds from digital payments major PayU is learnt to be stuck in a prolonged due diligence process Go to Source
Swiggy is also pushing to increase order density by building products and expanding its restaurant base to drive repeats from the top 50 million internet users Go to Source
Government has proposed this fund to boost startups that are focussed on priority areas such as rural healthcare, water and waste management, clean energy solutions, cyber security and drones. Go to Source
The move is in line with Ola’s shift in strategy to largely scale up Foodpanda as a cloud kitchen business rather than as a marketplace model where it would compete head-on with larger rivals Swiggy and Zomato. Go to Source
ShopClues investors may get one Snapdeal share for every nine they hold if deal goes through Go to Source
Depending on a company's target, these databases are sold based on location, age, profession and gender Go to Source
NCMC cards are capable of all forms of transactions, including dip into a terminal through the chip, swipe or tap Go to Source
Data of Indian users, who make up 60-70% of Truecaller’s user base of about 140 million, is being sold for about Rs 1.5 lakh (2000 Euros) on the so-called dark web, while data of global users is priced as...
Bytedance is banking on its global product approach and user-generated content to win over the Indian market and take the battle right to Facebook Go to Source
Vian Systems was incorporated earlier this year and Vishal Sikka was listed as an executive officer and director in the filing the company made with the SEC in March. Go to Source
Manav, which is being spearheaded by the Indian Institute for Scientific Education and Research (IISER) and the National Center for Cell Science (NCCS), has received initial funding of Rs 13 crore from DBT for three years. Go to Source
Capillary, which offers cloud software as a solution, or SaaS, to retail and consumer goods firms in India and globally, said these accounts contributed 30-40% of its losses in the previous year. Go to Source
The investment is expected to be between $10-15 million, sources said, while Livspace declined to confirm the number. Go to Source
DailyNinja, Milkbasket, and Doodhwala are among the new stars in the growing hyperlocal delivery space, changing the way dairy reaches homes Go to Source
A closer look at today's biggest tech and startup news and why they matter. Go to Source
Earlier this year, Fixel, the secretive, media shy fund manager announced abruptly that he was leaving by June-end after 13 years at the firm. Go to Source
Uber, which recently debuted on the New York Stock Exchange, has also significantly slashed customer incentives since February. Go to Source
The dark web, as it is called, is not accessible through regular browsers. Only tools like Tor, an open source software that allows anonymous communication, allow access to the dark web. Go to Source
In absolute terms, debit card swipes for March stood at 407 million, almost half of the total ATM withdrawals of 891 million, which has remained constant over the last couple of years, at around 800 million per month. Go to...
The telecom watchdog proposes to bring them under licensing regime similar to one that governs broadcasters. Go to Source
Health-conscious millennials reaching for snazzily packaged herbal shots and ayurvedic pills after those binge-drinking nights. Go to Source
The government has asked WhatsApp for details on the recent spyware hack that allowed attackers to snoop on users and any remedial action taken, after which it will decide whether to issue an advisory to officials who widely use...
"A large part of the decline was due to dilution from Flipkart, which was expected, partially offset by the deconsolidation of Brazil," said Walmart CFO Brett Biggs Go to Source
In an email sent to sellers, Voonik said it was moving to a single-brand retail model in the coming weeks, and all products that sellers manufacture would be sold under its brand. Go to Source
Even as Indian’s technology sector sheds employees lacking required skills, companies are busy recruiting those with the right skill sets Go to Source
Amazon would have preferred more consultations before the FDI rules were announced in December last year, Agarwal told ET in an interview Go to Source
The company said it had served 620,000 service orders in April, putting it on an annualised run rate of 7.4 million service orders for the current fiscal Go to Source
SoftBank’s move to further invest in Grofers also puts on hold the on-again, off-again merger talks the grocery delivery service has had with players like Alibaba-backed BigBasket among others. Go to Source
Google will feature ads on the homepage of its smartphone app worldwide, show more ads in Maps and place ads with image galleries in search results. Go to Source
Paytm's founder & CEO, Vijay Shekhar Sharma, said 10 employees in its e-commercial business were sacked while 100 vendors were delisted from the marketplace post an audit conducted by E&Y. Go to Source
The malware was able to penetrate phones through missed calls alone via WhatsApp's voice calling function Go to Source
Xiaomi is getting set to launch a range of new products in India to complement the existing line-up of phones and televisions that it already sells. These could include refrigerators, washing machines, ACs, water purifiers and possibly even electric...
Earlier, WestBridge Capital, Multiples PE, Kedaara Capital, Chrys Capital and Nalanda Capital had all mopped up $400 million or more for their first funds. Go to Source
A majority of these employees were in software services roles. They were let go as IBM focuses on emerging technology capabilities and reduces exposure to traditional services. Go to Source
With China having blocked Facebook, the US social media giant needs to ensure it gains traction with young Indians to retain its global dominance and benefit from the resultant network effects. Go to Source
Open may receive $50-60 million, with at least $30 million being pumped in by Tiger Global, which has been on an investment spree in India over the past few months. Go to Source
Amazon started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item Go to Source
Cash flow is the name of the game, and if Masayoshi Son can keep finding new avenues for investors to give him money, then that cash will keep on flowing. Go to Source
These professional classes train people to make TikTok videos, edit them, and offer tips on how to best push their content so that it goes viral. Go to Source
In an interview with ET, Gillian Tans, who rides a bike to work everyday, spoke about Oyo’s overseas expansion and its business model, hospitality industry and the OTAs and overtaking Airbnb in homestay business. Go to Source
The only benefit with Facebook’s move could be that digital currencies may gain legitimacy, they said. Go to Source
The popularity of Instagram, TikTok, Snapchat and WhatsApp has resulted in a rapidly-growing ecosystem of third party applications that can be used to create funny and quirky content for social media and messaging platforms. Go to Source
The potential investment is expected to give Treebo a post-money valuation of $205-240 million and is likely to be part of a future larger round Go to Source
The petition seeks the formulation of guidelines or legislation to regulate content to block what it describes as sexually explicit, vulgar and violent content Go to Source
Android, used by device makers for free, features on about 88% of the world's smartphones. In India, about 99% of the smartphones sold this year used the platform Go to Source
Uber settled for a lower public offering price to avoid a repeat of Lyft's IPO in late March, which priced strongly, began trading up, then plunged. Go to Source
Manufacturing, a typically labour-intensive process, is adopting technology to boost productivity and save costs. It is automating core processes to improve quality and stay competitive. This is Industry 4.0 at its most granular. Go to Source
The overall stock grants are expected to be in the range of $100 million and were issued to select employees across Flipkart and Myntra-Jabong, these people in the know told ET. Go to Source
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